OAAN seeks increased cooperation with State Governments

L-R: Vice President, Outdoor Advertising Association of Nigeria (OAAN), Emmanuel Ajufo, former President, OAAN, Mr. Charles Chijide and High Chief Jas Oyekan, at the association’s Extraordinary General Meeting held recently in Abeokuta, Ogun State.
L-R: Vice President, Outdoor Advertising Association of Nigeria (OAAN), Emmanuel Ajufo, former President, OAAN, Mr. Charles Chijide and High Chief Jas Oyekan, at the association’s Extraordinary General Meeting held recently in Abeokuta, Ogun State.

Outdoor Advertising Association of Nigeria (OAAN) will be happy to see improved mutual relationship with state governments and their agencies, President of OAAN, Mr. Tunde Adedoyin has said. At an Extraordinary General Meeting held recently in Abeokuta, Ogun State Mr Adedoyin said: “OAAN members should continue to be at the right side of the law so as to distinguish themselves as professionals. The relationship between OAAN, state governments and regulators has continued to improve over the years and we intend to keep it that way.”
The President talked extensively on challenges and benefits in states such as Edo, Lagos, Kaduna, Cross River, Enugu, Anambra and Abuja and said the association is discussing with the authorities in the states to ensure mutual understanding.
Major stakeholders in outdoor advertising industry deliberated on issues affecting OAAN, its members and how to create a balance between operations and regulations as it affects the profession in Nigeria.
State governments seeking to attract investments invited OAAN members to invest in their states with Cross River leading the scramble. Director General of Cross River State Signage and Agency (CRISSAA), Mr. Stanley Nsemo, gave OAAN members so many incentives that he got a standing ovation after delivering his paper titled: ‘Sustainable Partnership for Economic Development.”
Some of the incentives include discounted charges on processing fees and sites fees, direct reduced labour cost, income tax of 30% in all sectors, tax holidays of five years in urban areas and seven years in rural areas, investment in infrastructure attracts 20% tax holiday on cost of facilities, Industries with local value-addition enjoy 10% tax concession of up to five years and additional incentives for businesses in the free trade zones.
Director General of Oyo State Signage and Advertisement Agency (OYSAA), Mr. Babs Fagade, who is also a member of OAAN, promised to remove all illegal structures affecting outdoor advertising for value creation. He also promised to implement the design of Oyo State outdoor master plan and flexible payment plan for 25% permit fee already agreed on vacant sites.
The Extraordinary General Meeting was part of a three day CEO’s Retreat that hosted a large turnout of outdoor advertising practitioners and regulators from all over the country